Crypto Analyst Alex Krüger Predicts Bitcoin Price For End Of 2021, Says 1 Million BTC Is Inevitable In The Long Run

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Popular cryptocurrency economist and analyst Alex Krüger gives outlook for Bitcoin (BTC) in the coming weeks and months.

In a new interview with YouTuber and crypto strategist Scott Melker, Krüger predicts that Bitcoin will eventually hit the $ 1 million price point. However, he says the target price schedule is up for grabs.

“A million Bitcoin? I think it will happen, most definitely. I have no idea when. I think it’s good there.

The crypto analyst also reveals his end-of-year price target for the largest crypto asset by market cap.

“$ 100,000 by the end of the year is possible. I think it’s very unlikely – or let’s put it that way, it’s unlikely – it’s not very unlikely. I thought it was delusional under normal circumstances. But these are not normal circumstances.

We just got a lot of ETFs (exchange traded funds) approved and that changed everything I think. So my base scenario is more like $ 75,000 to $ 85,000. Can we reach $ 100,000 by the end of the year? We certainly can.

Krüger also says that Bitcoin could become a bigger asset class than gold within a decade.

“Bitcoin is becoming an asset. It could be bigger than gold in 10 years. I think Bitcoin’s role is actually to compete with gold. It is the gold of the younger generations.

The economist adds that cryptocurrencies will continue to outperform other assets for the foreseeable future.

“I still think, in fact, that crypto is going to continue to be the best performing asset class over a long period of time. Across the periods, in fact.

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